Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows:

	Ending Balance	Beginning Balance
Cash & cash equivalents	$ 61,000	$ 72,650
Accounts receivable	51,200	55,000
Inventory	68,700	62,500
Total current assets	180,900	190,150
Property, plant, and equipment	186,000	175,000
Less accumulated depreciation	62,000	43,750
Net property, plant, and equipment	124,000	131,250
Total assets	$ 304,900	$ 321,400
Accounts payable	$ 40,000	$ 71,200
Income taxes payable	31,200	36,700
Bonds payable	75,000	62,500
Common stock	87,500	75,000
Retained earnings	71,200	76,000
Total liabilities and stockholders equity	$ 304,900	$ 321,400

During the year, Ravenna paid a $7,500 cash dividend and it sold a piece of equipment for $3,750 that had originally cost $7,800 and had accumulated depreciation of $5,200. The company did not retire any bonds or repurchase any of its own common stock during the year.

11. What is the amount of net cash provided by (used in) operating activities in the companys statement of cash flows?

13. What is the companys net cash provided by (used in) investing activities?